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PH textile manufacturers to see upward spike in sales in Q4

Related Keywords: Bureau of Customs, Chinese textile traders, Garments, Manila and Beijing, Philippine textile manufacturer, smuggled textiles, spike in sales, Textile Producers Association of the Philippines, unfair foreign competition

Local Philippine textile manufacturers are eagerly looking forward to up to 30-percent year-on-year upward spike in sales in the fourth quarter as a result of deteriorating relations between Manila and Beijing over territorial claims.

The Textile Producers Association of the Philippines (TEXPAP) chairman Luna Go said that sales of locally-made textiles and garments were expected to peak ahead of the Yuletide.

As many native Chinese textile traders based in the Philippines had returned to China as angry words were exchanged between the two countries earlier this year.

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